Category | Venture Capital

Indian flash sales site Exclusively.In raises $16M

Posted on 26 May 2011

Exclusively.In , a site that offers deals on Indian-inspired fashion, just announced that it has raised $16 million in a second round of funding. The company, which is based in New York and New Delhi, launched in June of 2010. When I talked to co-founder and chief executive Sunjay Guleria earlier this week, he told me he doesn’t see Exclusively.In as a niche site

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Ashton Kutcher books extended stay with Airbnb

Posted on 26 May 2011

Airbnb , a service that pairs travelers seeking a unique experience with locals willing to rent out their spaces for a fee, is the latest startup to grab the attention of Ashton Kutcher.

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Kabam raises $85M for hardcore social gaming business

Posted on 26 May 2011

Here’s a “kaboom” for all those social game skeptics out there. Kabam has raised $85 million in a fourth round of funding to fuel its business making hardcore games for social networks such as Facebook. The backers include Google Ventures, Pinnacle Ventures, Performance Equity and SK Telecom Ventures, as well as earlier backers

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Morgan Solar brings in $16.5M for lower-cost solar

Posted on 25 May 2011

Solar startup Morgan Solar plans to announce Thursday that it has raised $16.5 million in venture-capital funding. After declines in the second half of 2010 , U.S. cleantech investment has been on the rise so far this year, with solar companies getting the most money , analysts say.

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Peak Games raises $5M for social gaming

Posted on 25 May 2011

Turkish game publisher Peak Games has raised $5 million to make social games for emerging markets.

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Finland’s Supercell raises $12M for hardcore real-time social games

Posted on 25 May 2011

Finnish game developer Supercell has raised $12 million in funding for its hardcore real-time social gaming business. The investment shows the increasing appetite for investments in social games, especially those that hope to one-up dominant social game companies such as Zynga by providing a next-generation style of game play on platforms such as Facebook

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GigaOm doubles down on research, raises another $6M

Posted on 25 May 2011

GigaOm already stands out as one of the most heavily-funded sites in the tech news world — and today it nearly doubled that funding, announcing that it has raised another $6 million.

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UK payment startups join forces in $87 million merger

Posted on 24 May 2011

2011 seems to be the year that mobile payments go mainstream with everyone from the big mobile carriers and handset manufacturers to scrappy new startups scrambling on to the payments bandwagon. sQuid and ACT , which together cover 85 percent of the UK’s smartcard-based, contactless payments market, announced a merger today

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UK payment startups join forces in $87 million merger

Posted on 24 May 2011

2011 seems to be the year that mobile payments go mainstream with everyone from the big mobile carriers and handset manufacturers to scrappy new startups scrambling on to the payments bandwagon.

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UK payment startups join forces in $87 million merger

Posted on 24 May 2011

2011 seems to be the year that mobile payments go mainstream with everyone from the big mobile carriers and handset manufacturers to scrappy new startups scrambling on to the payments bandwagon. sQuid and ACT , which together cover 85 percent of the UK’s smartcard-based, contactless payments market, announced a merger today

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